Press Kogyo Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Year Ending March 31, 2023
August 12, 2022 at 12:30 pm IST
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Press Kogyo Co., Ltd. provided earnings guidance for the six months ending September 30, 2022 and year ending March 31, 2023. For the six months, the company expected net sales to be JPY 83,900 million; operating profit to be JPY 4,600 million; Profit attribute attributable to owners of parent to be JPY 4,100 million and earnings per share to be JPY 39.55.
For the year, the company expected net sales to be JPY 172,100 million; Operating profit to be JPY 10,800 million; Profit attributable to owners of parent to be JPY 7,500 million and earnings per share to be JPY 72.34.
PRESS KOGYO CO., LTD. is a Japan-based company primarily engaged in the manufacture of automotive parts and construction machinery. The Company operates in two business segments. The Automobile-related segment is involved in the manufacture and sale of automotive parts, automotive assembly and automobile molds. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery parts. The Company is also engaged in manufacture and sale of building-related parts and multi-story parking equipment. The main products include chassis frame, completed vehicle assembly, side cover, transmission cover, under cover, front bumper, front pillar inner, mold & automation equipment axle, motorcycle garage, cabin for construction machinery, and among others.